As I expected, 3500 zone is strong resistance for SP500 and with this new fail it became even stronger. I expect a drop to 3200 zone but, considering the 50% rally from March's low, I would t be surprised of a fall to 3k zone till the end of the year. Sell rallies around 3500 could be a good strategy
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.